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Several tankers loaded with Russian diesel bound for the US have reportedly changed destinations or are drifting at sea, so no new Russian diesel imports have arrived. The Trump administration had announced it would drop certain sanctions to enable the purchases.
The Wall Street Journal reports US oil companies are hesitant to accept the cargoes.
Stalled Russian diesel flows leave US distillate supply tight while retail diesel prices stay high. This keeps upward pressure on diesel and on transport costs for feed deliveries.
focus.deLars-Eric NievelsteinNov 12, 2026After 26 past bullish trade events, ULSD / Diesel moved a median -1.9% over 5 sessions (31% higher; middle half -5.6% to +1.6%), and -4.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
